YEARLY HIGH
10489.1450 SLL
YEARLY LOW
8682.9535 SLL
YEARLY AVERAGE
9469.2513 SLL

2023 BZD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 10489.1450. Conversely, the yearly low was recorded on February 5, dropping to 8682.9535.

This high-to-low spread represents a total annual volatility of 1806.1915 SLL. From a start-to-finish perspective, comparing the January average rate of 8763.6327 to the December average rate of 10392.3160, the exchange rate registered a net change of 18.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10489.1450 was up 18.74% compared to the 2022 peak of 8833.7765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 52,445,725 SLL
2022 Average 34,055,041 SLL
Yearly Trough Low 43,414,767 SLL
Transaction Impact: A difference of 9,030,957.30 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10580.7592
8597.4666
JanuMarcMayJulySeptNove

BZD to SLL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 8769.6526, compared to 10168.8500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1399.1974 points.

H1 Avg (Jan–Jun) 8769.6526
H2 Avg (Jul–Dec) 10168.8500

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1693.8980 SLL (High: 10443.5866 / Low: 8749.6886). On the other end, January was the most stable month, with a tight range of 37.1044 SLL (High: 8793.1900 / Low: 8756.0856).

July Spread (Volatile) ±1693.8980
January Spread (Stable) ±37.1044

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 23.1688 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -23.1688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10415.4848) against the same month in 2022 (average: 8754.5312), the exchange rate shifted by +1660.9536 (+18.97%).

2023 Avg (November) 10415.4848
2022 Avg (November) 8754.5312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8793.1900 8756.0856 8763.6327
February 8813.4893 8682.9535 8762.7410
March 8888.1532 8755.9468 8785.6922
April 8880.7714 8751.8517 8772.6683
May 8791.1158 8747.3489 8768.0016
June 8817.9856 8730.3548 8765.1797
July 10443.5866 8749.6886 8986.1489
August 10470.0187 10363.8146 10403.1439
September 10440.2432 10380.8121 10405.4310
October 10449.2695 10380.8121 10410.5754
November 10489.1450 10394.7059 10415.4848
December 10412.0789 10347.2250 10392.3160